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development¡£







NOTES£º











1¡£¡¡This¡¡is¡¡true¡¡respecting¡¡Spain¡¡up¡¡to¡¡the¡¡period¡¡of¡¡her¡¡invasion



by¡¡Napoleon£»¡¡but¡¡not¡¡subsequently¡£¡¡Our¡¡author's¡¡conclusions¡¡are£»



however£»¡¡scarcely¡¡invalidated¡¡by¡¡that¡¡exception¡£¡¡¡¡TR¡£







2¡£¡¡Say¡¡states¡¡in¡¡his¡¡Economie¡¡Politique¡¡Pratique£»¡¡vol¡£¡¡iii¡£¡¡p¡£¡¡242£»



'Les¡¡lois¡¡ne¡¡peuvent¡¡pas¡¡créer¡¡des¡¡richesses¡£'¡¡Certainly¡¡they



cannot¡¡do¡¡this£»¡¡but¡¡they¡¡create¡¡productive¡¡power£»¡¡which¡¡is¡¡more



important¡¡than¡¡riches£»¡¡i¡£e¡£¡¡than¡¡possession¡¡of¡¡values¡¡of¡¡exchange¡£







3¡£¡¡Wealth¡¡of¡¡Nations£»¡¡Book¡¡IV¡£¡¡chap¡£¡¡ii¡£







4¡£¡¡From¡¡the¡¡great¡¡number¡¡of¡¡passages¡¡wherein¡¡J¡£¡¡B¡£¡¡Say¡¡explains



this¡¡view£»¡¡we¡¡merely¡¡quote¡¡the¡¡newest¡¡¡¡from¡¡the¡¡sixth¡¡volume¡¡of



Economie¡¡Politique¡¡Pratique£»¡¡p¡£¡¡307
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